A U.S. banking regulator says a Bank of America employee illegally accessed customer accounts, causing tens of thousands of dollars in losses.
The Office of the Comptroller of the Currency (OCC) alleges that Manuel Alejandro Ramirez Perez engaged in unsafe or defective practices and violated laws while working as a relationship banker and credit solutions consultant at BofA’s North Naples, Florida branch.
In a consent and prohibition order, the OCC says Perez accessed customer accounts without proper authorization between February 2020 and June 2021 to steal and sell sensitive data to an unknown individual.
The regulator says the thief drained customers’ accounts to the tune of $65,877.37 through his actions.
Bank of America bore the losses because it had to intervene and refund affected customers. Meanwhile, Perez was paid approximately $6,900 for selling customer data.
Perez did not admit or deny the OCC’s findings.
Because of his actions, the regulator has ordered that Perez be banned from working for a U.S. bank or in any role. The OCC also says the incident will be on Perez’s docket and could be used against him in future proceedings.
“However, the specific acts, omissions, or violations described in Article II may be used by the OCC in future enforcement actions to establish a pattern of misconduct or the continuation of a pattern of misconduct.”
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